NEW YORK, Feb. 10, 1941.
High Low
10.39 10.36 20.03 20.00 821 91) 611 61 12.65 12.49
Close Close Change 10.37 10.39 02 up 19.90 20.02 12 up 821 .810 1 off 613 61b i off 12.47b 12.475 unch.
Close
Opening
Closing
Change
Alleghany Steel Co.
10,37,37
10.36/36
10,39/39
.02 up
Allis Chalmers
10.35/35
.10.34/34
10.37/37
.02 up
Aluminium Ltd.
10.23/23
10.22/22
10.25/25 .02 up
Amer. Can
9.74/74
9.74/74
9.76/76
02 up
American Cyanamid B.
9.71/71
9.68 N
9.71b/72a 9.67b/700
9,73/73
.02 up
Amer. & Foreign Power ...
10.92
9.70 N 10.94
.02 up
Amer & Foreign $7 pt.
.02 up
Aizer. Locomotive
. On demand
On Paris:
44 1/1
May
.
Bank Bills, on demand Nom Credits 4 months' sight Now.
On Saigon:-
On demand
...:On Manila:—
On demand
19.00, 90 19.80/80 July (New contract).... 19,82/61- September (.....")
Bank Bills, on demand 23 5/8 Credits, 60 days sight 24 3/
On Batavia:-
Total sales Saturday: 24,900 bales.
The first notice day for March Cotton is 25/2/41 and last day is 14/3/41
NEW YORK RUBBER March
Amer. Metals Co.
Amer. Radiator
Amer. Rolling Mill.
PAGE 10-HONGKONG DAILY PRESS
FINANCE
FOREIGN MARKETS & QUOTATIONS
MONEY AND EXCHANGE
* CLOSING QUOTATIONS
FEBRUARY 11, 1941.
On London:-
Telegraphic Transfer. 1/2 7/8 Bank Bills, or demand 1/2 7/9 Credits 4 months' sight
On Shanghal :-
On demand
On Singapore-
On demand
On Japan:-
NEW YORK COMMODITY MARKET (REUTER'S SERVICE)
New York Cotton, March New York Rubber, March Chicago. Wheat. May Chicago Corn, May New York Hides, March NEW YORK COTTON
· 430
11.
March
52 3/1
May
July
On demand
102+1/2
October
Oq India:-
December
Telegraphic Transfer.
January
82 1/2
and demand ....................
Spot
Or New York:-
Prev. Today's
NEW YORK STOCK EXCHANGE
STOCKS
Adams Express
QUOTATION
· (REUTER'S SERVICE)
FEBRUARY 11, 1941
WEDNESDAY, FEBRUARY 12, 1941.
BANK-S
HONGKONG & SHANGHAI THE CHARTERED BANK OF
BANKING. CORPORATION
Authorised Capital... 850,000,000
INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid-Up $90,000,000 Incorporated by Royal Charter, 1855
Reserve Funds:
Paid-Up Capital £8,500,000 Reserve Fund
H.K. Currency Reserve $10,000,000 Reserve Liability of Pro-
$20,000,000
....£3,000,000
£3,000,00
prietors....
£3,000,000
HEAD OFFICE: LONDON:
Head Omce: HONG KONG
38, Bishopagate E.0.3. Sub-Agencies In Lendon: 117/122, Leadenhall "Street, E.0.2 West End Branch: 14/16, Cockapur Street, SW 1 Manchester Branch: Mosley Street, Manchester, 1
AGENCIES AND BRANCHES
ALOK STAR AMRITSAR
Deputy Chairman,
HONG KUNG JENANG ILOILO
IPOH
BANGOON
Sterling
Reserve Liability of
Last Sale
STOCKS
Last Sale
Feb. 10
Proprietors
Feb. 10
64
Loft Incorperated
164
211
Mack Truck Inc.
281
"32
Martin, Glen
......
261.
"T1-
McKesson & Robbins, pid.
263
861
Montgomery Ward.
36
34
M'tain City Copper Co.
34
Board of Directora: Hon. Mr. J. J. Paterson,
W. H. Lock, Esq.,
Chairman,
12
National Aviation
91
17
Nat, Dairy Products
13
J. K. Bousfeld, Esq.,
141
National Distillers
A. H. Compton, Esq.,
181
National Lead
L. J. Davies, Esq.,
Nat, Fower & Light
Hon. Mr. S. H. Dodwell,
137
National Supply Corp.
52
G. Miskin, Esq.,
Amer. Sting and Ring Co. 41
New York Central
S
19.50/50
19.96b/20.05a 20,02/02 19.81b/95a 19.92/93 19.62b/75a -19,74,74 19.45b/80a 19.55 N
..12 up
Amer. Sugar Refining
141
Niagara Hudson Power
21
.12 up
Amer. Tel, & Tel
1638
N. American Aviation
12 up
Amer. Tobacco "B"
700
North American Co.
154
.05 uc
Amer. Waterworks
6
Northern Pacine
61
......10% 1/9
Total sales:--300 tons. CHICAGO WHEAT
Anaconda Copper
241
Owens-Minois Glass Co.
.447
Atchison, T. & S. Fe.
'22
Facific Gas & Elec
271
i
Branches:
Aviation Corp.
મ
May
823821
821/821
813/811
1 off
Packard Motors
3
Aaroy
47 1/4.
Baldwin Lecometive
15
July
765/76)
76/76
751/751
Pan-American Airways
137
Bangkok Kobe
On Bangkok:-
Baltimore & Ohlo
32-
September
702/763
753/753
14 of
Paramount Pictures
11
Batavia
On demand
149 1/2
Saturday's sales-4,593,000 bushels.
Barber Asphalt Co.
9.
Pennsylvania R.R
234
Bombay
Kuala
On Sterling Note:
Barnsdall Ou
8F
Calcutta
| Philadelphia Read, Coal
5/32
Lumpur Shanghai
Bank Buying Rate
Now,
CHICAGO' CORN
·Bendix Aviation
35
Bar Sliver per oz.
23 6/18
May
612/613
611/611
811b
AOT
Phillips Petroleum
Canton
London
37
Singapore
Bethlebem. Steel
821T
Chsfoo
July
612/612
613/61
61+b
*
off
Public Service of NJ.
Lyon!
281
Bliss Co.
198
Colombo
Malacca
March
June
Market Report
FROM ROZA BROS.
Tuesday, Feb. 11.
The price for Ready Silver rose
1/16 yesterday to 23.5/18 but the
NEW YORK RIDES
Total sales for the day:-88 contracts. NEW YORK COCOA
Forward rate was unchanged at March 23.1/4
Silver advices reported the May
September
611/818
611A
off
Pullman Inc....
241
Dairen
Manila
Boeing Airplane Co.
161
Pure Oll
72
Foochow
Muar
Patani Swatow
Borg-Warner
183
Radio Corpn. of Am.
41
12.47b/50
12.52b80a
12.25b/322 12.40/40
12.476 12.26/26
unch.
Briggs Mig.
22+
Reading Company,
Com
131-
Hankow
Mukden Tokyo
.01 up
Budd M'facturing Corp.
Remington Arms Co., Inc.
51*
Harbin
Canadian Paciic R'way
31
Republic Aviation Corp.
Iloilo..
43
Case, JI
491
Republic Steel
Ipoh
291
5.25 N 5.34/33
5.31/32 5.39/40
5.34 N 5.43/43
.09. up
Celanese ...
25
Revere Corp.
.10 up
Chesapeake & Ohio
41+
· 91
Reynold Tobac. "B"
*33
market as being steady with a NEW YORK SUGAR NO. 3 small business done. American March Silver was quoted at 34./3/4 "for May
Chrysler Corpn. ..... Columbia Gas & Mec.
66
44
Safeway Stores
40
2.00b/Ula
2.006/01a unch.
2.05b/08a
2.05b/06a unch.
|
71b/.724a 70/701 .741b/.76a .734/.741 Volume of business done:---48 lots. NEW YORK COPPER FUTURES March July
.
На
Rly. 5% 1915 S'hal-N'King Rly. 5% Tientsin-Pukow Rly. 5%
(Brit. Atpd.) ....
Tientsin-Pakow Rly. 5%
(German Stpd.)
JJ
Tientsin-Pukow Rly. 5%
(Brit, Stpd. Supl. Loan) 13
London
New York
Japan
India
5-1/4
Tientsin-Pukow Fly. 6%
Spot,
Volume of business done:-43 lots
The London New York crOSS NEW YORK SUGAR NO. 4: rate was quoted at 402.1/2. New March York/London was quoted at 403.
May
MARKET
Quiet, U. S. Dollars were firm.
STERLING
There were sellers at 1/3 Febru- at 1/3.1/32 ary/April. buyers for Cash
U. S. DOLLARS 241/16 was offered at the open- ing. The market closed at 1 pm. with sellers at 24.1/8. buyers at 24.1/4 for Cash.
SHANGHAI DOLLARS
Sellers were quoted at the open Ing at 444, Business was arranged; at various rates. The market closed with sellers at 442.1/2.
SHANGHAI' MARKET
11.50b/552 11.44b/63a 11.20b/35s 11.25b/35a
NY. Official Silver ..... unquoted NY-London Cross Rate 4.03
LONDON STOCK EXCHANGE
(REUTER'S SERVICE)
London, Jan 10. The following quotations are the middle prices at the close of the Opened with sellers of Sterling market in London. All quotations at 33/8 and closed steadier with are subject to confirmation and no sellers at 3.25/54 for Spot. U. s. responsibility is assumed for errors Dollars opened with sellers at in transmission.
5.13/32 and closed with sellers at
5.15/32 for Spot.
War Loan, 31% (Red,
after 1952)
AFTERNOON MARKET ;] Defence Loan, 3%
The market was dullin the afternoon.
STERLING
There were sellers at 1/3 Feb- ruary/April, buyers at 1/3.1/32 "for Cash,
U. S. DOLLARS- Closed with Sellers for Cash at 24.1/18, buyers at 24.3/16 for Cash.!
SHANGHAI DOLLARS
Opened with sellers for Spot at 442, "Business was arranged... at. various rates. At the close there were sellers at 443.1/4, buyers at 444:
SHANGHAI MARKET Sterling 3.25/64 for Spot were quoted at the opening. Last ad- vices indicated sellers at 3.3/8 for Spot. U. S. Dollars opened with sellers at 5.15/32. Last advices indicated sellers at 5.7/16 for Spot.
Shanghai Exchange
Shanghal, Feb. 11 (Reuter).
Official T.T. Rates
Opening 0/3-5/18
anton-K'loon Rly. 5% Chinese" 44% Gold Lan
1898 (Brit. Issue) Chinese 5% Gold "Bonds.
1925/4
Cain, 44% Anglo-French
Loan, 1908 Chinese 5% Crisp Loan
1912 Chinese 5% Reorg, Loan.
1913 (Ldn. Is.) Chinese 8% Ster. Notes.
1925 (Vickers) Chin. Imperial Rly., 5%,
Loan Honan Rly, 5% fukusng Rly. 6%, 1911..
(LP. N/Z Issue? Bukuang Rig. 5%, 1911
(German Issue> Lung Tsing & U
LONDON METALS
EXCHANGE
Tin, Price, £256-7/8.
Tin, Standard, Price, £258-1/8.
Market steady.
SILVER MARKET
LONDON SILVER London, Feb. 10 (Reuter). Silver-Market steady. Business
small
In the afternoon, the market was steady with no busi-
ness.
Spot 23-5/160.
LONDON GOLD
London, Feb. 10 (Reuter).
Elec. Autolite
*.881b/.89
714b/72a
,03 of
03 off
Commercial Credit Co. Com, & Southern (Ord.) Consolidated Edison Consolidated O Continental Can
30
Schenley Distillera
104
Sears Roebuck
11/18
Shell Union Oil
21+
Socony-Vacunum" Oll ....
54
Southern Pacifle
91
38
Southern Rly $5 pfɑ.
Continental Off
18)
EXECUTOR
Copperweld Steel
spicer Manufacturing: Co
16
Standard Brands
11.45b/508 .05 of 11.30b/38a .01 up 34-3/4 4.03
Curtiss Wright, (C.) Curtiss Weight "A"
27
Btand Gas & Elec.
-Standard Oll of California
K. S. Morrison, Esq., Hon. Mr. T. E. Pearce,
Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn,
Chief Manager-
"Johorë Rangoon
Kowloon
Saigon San
BOMBAY
CALOUTTA.
CLIVE STAKET KUALA FAIRLIN PLACN
DANTON
CAWNFOR
DELUI HAIPHONG
Francisco HAMBURG
BANKOW
Sourabaya Suagei
Haiphong (Johora) Tientsin
New York Tsingtao
Yokobama Peiping
Penang
CURRENT ACCOUNTS opened
KUCHING
MADRAZ
MEDAN..
NEW YORK
PIPING
(Peking)
TIENISIN
TONGKAR
(Bhuket)
TAINOTA
TOKOSAMP
FOREIGN EXCHANGI and General Banking Business transacted.
CURRENT A¤œuxta opened and FIXED DEPOSIT received for. On Year or shorter periods in Local of Other Carrencies at rates which will be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with interest allowed at rates obtainable on application.
The Bank's Head Office in London
in Local Currency and FIXED DE- POSITS received for one year or shorter periods in Local and Other undertakes Executor and Trustee Currencies on terms which will be business, and claims recovery of quoted on application. SAFE DEPOSIT various sizes to let. TRUSTEE and business undertaken.
British Income Tax overpaid, on BOXES of terms which may be ascertained at
any of the Agencies and Branches.
B. A. CAMIDGE,
Manager.
HONGKONG SAVINGS
BANGKOK
BATAVIA
KLANG
AGENCIES: IOSE
BAIGOS
SKRIMDAN
KARACHI
SHANGHA
SINGAPOR
BITIAWAN
30U RABATA
LUKPUR
TALPING
CEBU
COLOMBO
MANILA
Deere & Co......
20+
Distillers Corph. Seagrams
17"
Standard Oil of N.J.
341
BANK
Douglas Aircraft
$691
Stone & Webster
61
Studebaker Com
7}
The Business of the above Bank
Du Pont de Neriours
1481
Eagle Picher, Lead
16
Swift International
181*
is conducted by the HONGKONG
BANK OF EAST ASIA, LIMITED
Eaton Mfg. Co.
321
Technicolor
9
& SHANGHAI BANKING COR-
291
Texas Corpn.
371
Texes Gulf Sulphur
ed on application.
361
Elec Bond & Share...
34
For the HONGKONG & SHANGHAI
Timken-Axle
30%
London, Feb. 10, Reuter).
Standard Cash, Middle
Elec. Bond & Share $5 pt. Mec. Bond & Share $6 pf.- 634 'Elec, Power & Light $7 pf.
Flintkote
55'
Banking CorpORATION.
Trans-America Co.
20th Cent. Fok
324
Union Bag & Paper Corp.
Hong Kong. 25th Feb., 1999.
137
Cash, Middle
Union Carbide & Carbon
Gen. American Trans.
52
Union Facific
791
Gen. Electric
33
United Aircraft
37
Gen Motors
442
United Airlines Trans
141
Gen. Railway Signal Gen. Tire & Rubber
13*
111*
United Corpn.
Glidden Co........
131
United Corp. $3 cum pt. 271
3.
Goodrich (B.F)
131
United as Corpn.
13/16
Goodrich $5 pf.
62.
United Gas Improvement
9%
103
Goodyear Tire & Co.
173*
U.S., Industrual Alcohol.
1011 13
Great Northern Iron Ore ..
141*
U.S. Rubber
244 201
Great Northern Rly, pid.
26
US. Rubber $8 pfd..
57
Great Western Sugar
21
U.S. Smelting
60
44
Forward, 23-1/4d.
Greyhound Corpn.
114*
U.S. Steel
623
Hercules Powder Co
691
Vanadium
29
42 to 47
Homestake Mining
434T
Vultee Aircraft
7A
Walworth Co.
51
Int Nickel
251
45
26
Bar Gold, Fine per oz., 168/-
Inter. Paper & Fower Int. Tel Tel. Johnsman
127
Warner Bros. Pict.
31
21
Westinghouse Elec.
961
583
Woodward Iron Cor.
.291
34
Kenzrecptt. Gopper Libbey-Owens-Ford
33
Chase National Bank
311
Glass 361
National City Bank
B.-A.. Tob (bearer)
91/10
10
Dunlop Rubber
33/9
Lockheed Aircraft Loew's Inc.
232 321
Libby. Moneill & Libby
281 7
Manager,
Bristol Aeroplane.
10/8
47"
Loperial Chemical Ind. 29/3
16 #
United Stei 1992 22/0
DOW JONES AVERAGE
15
Woolworths ........................
53/6
1840/41
Marsman Investments ..
Western Holdinga
7/6 10/-
High Low Dow Jonei Averages. Feb. 8, 152.80 111.84 30 Industrials
124.71
Feb. 11, 1941,
High Low Close 126.13 193.83 124.19
Change .5% off
Baberibed Capital ..
13
Sub-Nigel
147/6
32.67 22.16' 20 Rails
28.28
28,40
1
28.28
.02 up
"Paid-up Capital
20.45 18.03 20
Utilities
20,00
20.00 19.80.19.9"
.11 off
-Bewerve Fund and Eost,
$25,000,000
£1,900,000
21,000,000
21,251,029
POBATION, Bulas may be obtain-Authorised Capital.....$10,000,000.00
V. M. GRAYBURN,
Chief Manager.
THE CHASE BANK· 15, QUEEN'S ROAD, CENTRAL
HEAD OFFICE:
18, PIKE STINKET.
NEW YORK. An American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.
Interest Rates on Application
SAFE DEPOSIT BOXES
This Bauk is entirely owned by THE CHABE NATIONAL BANK,
NEW YORK, with Resources of Over U.S.$2,900,000,000.
D. L. BALLANTYNE,
THE MERCANTILE BANK OF INDIA, LIMITED
Head Office15, Gracechurch Street. London, E3 Authorised Capital
Paid-Up Capital
Reserve and Undivided
Head Office:-HONG KONG No. 10 Des Voeux Road, Central
Board of Director,
HON. SIR SHOUзON CHow, Chairman Li Koon Chun, Eng. Li Lan Rang, Eag P. K. Kwok. Esq. Wong Chu Son, Esq. Wong Tua Tony, Eaq. Fung Ping Wab Esq. Chan Ching Shob, Esq.
KAN TONG PO, ESQ., Chief Manager, HON. ME. LI TE FONG, Manager
Branches and Agencies:"
PADOR Kowloon Loudon
Amoy
Estaria Bombay Calontes Haiphong
Manila
Paris Paiping
Bangoon
Salgan
Singapore 8gurabaya Bwstaw
Every description of Banking zad Exchange business transacted. Losas granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposita re- ceived for one periods in Local and Foreign Cur rencies on terms which will fe quoted on application.
SAVE DEPOSIT Boxes To Let.
year
or
KAN TONG-PO,
Chief Manager.
Profits
-3,588,600.00
.2,983,281.50
Melbourne Ban Fran Nagasaka
Backow Honelain Koce
nico New York Seattle
Bemarang
Vancouver
415
shorter
Shell Trans
& Trad.
14
92.19 83.08 40
Bonds
90.00
(bearer)
45
18
84.07
48.47 11 Commodity Index
66.95
*bid.
-ex. du
Business Dono:-290,000 shares.
15
15
22-1/4
(Ger.Stpd. Supi, Loan)
15
18-3/4
Jap. 6% Ster. Loan, 1924
23}~27
Paris.....
Hongkong
Sterling
nominal 22
Ger, 7% Intl Loan, 1924
Chartered Bank'
87
Spot
Feb.
Rellers
Opening
0/3-3/8 0/3-3/8 0/3-2304 0/3-3/8
EK. & Shai Bank (Idn
Reg.)
TO-
80+
Closing
KK 8bal Bank (Col.
and TIENTSIN
Feg)
81+
Chinese Eng & Miring
Mar.
0/3-11/32 0/3-11/32 U.S. Dollars
(bearer)
18/-
Chosen Corporation
4/-
Spot
Feb.
Mar.......
5-13/32 5-3/8
$5-13/32 $5-7/16 5-7/16 5-13/32
Mercantile Bank of In-
dia. 25. "G" Pekin Syndicate
Silver Duty Rate
Market:-Qulet.
B'hai Elec. Constr. Co S'hai Waterworks “A” The Central Bank of China's Union Insurance rats on London at 10 ani, today was 1/2-1/26.
The Equalisation rate., was 23 per cent
Calcutta Exchange
Calcutta, Feb, 10 (Router). T.T. on Japan, 81-1/4
India Rupee Paper:
Bombay, Feb. 10 (Reuter). Govt. 31% Rupeo, 05-10-0,
11-1/8 1/8 15/- 13-1/2 20
Gula Kalumpang Rubber Lon, Mid, & Scot., Rly: 141 Great Western Rly.
15/7
344
National Bank of India" 31
INDO-CHINA
STEAM NAVIGATION COMPANY ITD.
Operating Services for Cargo and Passengers
SWATOW, SHANGHAI, TSINGTAU, CHEFOO0
KOBE and OSAKA
SINGAPORE, PENANG and CALCUTTA
SANDAKAN
HAIPHONG
All steamers berth alongside the Roosevelt Terminal in the French Concassion at Shanghai, where passengers and cargo are landed,
For further particolara
please apply to-
JARDINE MATHESON&Co.,LTD. TELEPHONE ZOZIL • GENERAL MANAGERS ·
BANKERS:
The Bank of England and Midland
Bank, Ltd. BRANCHES:
Delhi... Galle Hongkong Howrah
Jaffna
Kuantan
Kandy Karshi
· Kaala Tranggana
Perang Bangoon
-Shanghai
Kuala Lumpur Bingapore
HONG KONG BRANCH:" Every description of Banking and Exchange businem transcded.
"TRUSTEE AND EXECUTORSHIP
·UNDERTAKEN
CURRENT ADCOUNTS opened in Local Cur. randy and FIXED DEPORTES received in Dosal Currency & STELLING on terma that may be ascertained on spy lustion.
D. BENSON,
What do
-Manager
you want?
anything
If there is you want to buy or zell, try 2 small Classified advertise- ment the Hong- kong Dally, Press,
25 words $1.50 prepaid
for 3 insertions,
BANK OF CHINA
Specially" Chartered by THE NATIONAL GOVERNMENT
OF CHINA AS AN.. INTERNATIONAL EXCHANGE
BANK
PAID-UP CAPITAL 240,000,000,0 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend to our Clienti special facilities for Domestic and Foreign Banking and Exchange.
Head
Office:-SHANGHAI Hong Kong Branch: 4, QUEEN'S ROAD, C. South China Offices:
CANTON
SHIUCHOW
KONGMOON TOISHAN KINGCHOW
We also handle the issue of Bondi and other Public Funda of the Chinese Government both at Home and Abroad,
SHOU J. CHEN,
Manager.
91.00 $5,88
.01 up .07 off
Bangkok fpoh
Bambay..
Calenta Colombo
Madras
New York
Kota Bharu
Kuala Lipt
SWATOW